Kang Yong Electric Public Company Limited
Kang Yong Electric Public Company Limited manufactures and distributes household electrical appliances in Thailand, Japan, and internationally. The company offers home electrical appliances, such as refrigerators, electric fans, ventilating fans, water pumps, and jet towels under the Mitsubishi Electric trade name. It also exports its products to approximately 20 countries, including Hong Kong, T… Read more
Kang Yong Electric Public Company Limited (KYE) - Net Assets
Latest net assets as of September 2025: ฿10.11 Billion THB
Based on the latest financial reports, Kang Yong Electric Public Company Limited (KYE) has net assets worth ฿10.11 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿11.90 Billion) and total liabilities (฿1.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿10.11 Billion |
| % of Total Assets | 84.95% |
| Annual Growth Rate | 7.79% |
| 5-Year Change | 14.27% |
| 10-Year Change | 76.88% |
| Growth Volatility | 12.77 |
Kang Yong Electric Public Company Limited - Net Assets Trend (2003–2025)
This chart illustrates how Kang Yong Electric Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kang Yong Electric Public Company Limited (2003–2025)
The table below shows the annual net assets of Kang Yong Electric Public Company Limited from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ฿9.59 Billion | +2.35% |
| 2024-03-31 | ฿9.37 Billion | +18.60% |
| 2023-03-31 | ฿7.90 Billion | -1.41% |
| 2022-03-31 | ฿8.01 Billion | -4.52% |
| 2021-03-31 | ฿8.39 Billion | +46.33% |
| 2020-03-31 | ฿5.73 Billion | +9.90% |
| 2019-03-31 | ฿5.22 Billion | -18.16% |
| 2018-03-31 | ฿6.38 Billion | +0.67% |
| 2017-03-31 | ฿6.33 Billion | +16.82% |
| 2016-03-31 | ฿5.42 Billion | +7.43% |
| 2015-03-31 | ฿5.05 Billion | +15.09% |
| 2014-03-31 | ฿4.38 Billion | +3.93% |
| 2013-03-31 | ฿4.22 Billion | +13.82% |
| 2012-03-31 | ฿3.71 Billion | +7.47% |
| 2011-03-31 | ฿3.45 Billion | +5.50% |
| 2010-03-31 | ฿3.27 Billion | +28.63% |
| 2009-03-31 | ฿2.54 Billion | +17.98% |
| 2008-03-31 | ฿2.15 Billion | +2.55% |
| 2007-03-31 | ฿2.10 Billion | -4.39% |
| 2006-03-31 | ฿2.20 Billion | +4.97% |
| 2005-03-31 | ฿2.09 Billion | +13.53% |
| 2004-03-31 | ฿1.84 Billion | +0.15% |
| 2003-03-31 | ฿1.84 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kang Yong Electric Public Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1027.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿5.67 Billion | 59.10% |
| Other Components | ฿3.92 Billion | 40.90% |
| Total Equity | ฿9.59 Billion | 100.00% |
Kang Yong Electric Public Company Limited Competitors by Market Cap
The table below lists competitors of Kang Yong Electric Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TWC Enterprises Limited
PINK:CLKXF
|
$44.07 Million |
|
GiG Software PLC
ST:GIG-SDB
|
$44.07 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
$44.07 Million |
|
Ramada Investimentos e Industria S.A
LS:RAM
|
$44.08 Million |
|
Medeze Group PCL
BK:MEDEZE
|
$44.02 Million |
|
GAIAM-A
F:GA6
|
$44.02 Million |
|
Ambra SA
WAR:AMB
|
$44.01 Million |
|
Orient Europharma Co Ltd
TWO:4120
|
$44.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kang Yong Electric Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,368,208,642 to 9,588,605,651, a change of 220,397,009 (2.4%).
- Net income of 702,507,095 contributed positively to equity growth.
- Dividend payments of 591,030,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,883,587,859.
- Other factors increased equity by 2,992,507,773.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿702.51 Million | +7.33% |
| Dividends Paid | ฿591.03 Million | -6.16% |
| Other Comprehensive Income | ฿-2.88 Billion | -30.07% |
| Other Changes | ฿2.99 Billion | +31.21% |
| Total Change | ฿- | 2.35% |
Book Value vs Market Value Analysis
This analysis compares Kang Yong Electric Public Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.59x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.42x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | ฿83.67 | ฿286.00 | x |
| 2004-03-31 | ฿83.79 | ฿286.00 | x |
| 2005-03-31 | ฿95.14 | ฿286.00 | x |
| 2006-03-31 | ฿99.89 | ฿286.00 | x |
| 2007-03-31 | ฿95.48 | ฿286.00 | x |
| 2008-03-31 | ฿97.92 | ฿286.00 | x |
| 2009-03-31 | ฿115.52 | ฿286.00 | x |
| 2010-03-31 | ฿148.59 | ฿286.00 | x |
| 2011-03-31 | ฿156.77 | ฿286.00 | x |
| 2012-03-31 | ฿168.48 | ฿286.00 | x |
| 2013-03-31 | ฿191.76 | ฿286.00 | x |
| 2014-03-31 | ฿199.30 | ฿286.00 | x |
| 2015-03-31 | ฿229.37 | ฿286.00 | x |
| 2016-03-31 | ฿246.40 | ฿286.00 | x |
| 2017-03-31 | ฿287.85 | ฿286.00 | x |
| 2018-03-31 | ฿289.79 | ฿286.00 | x |
| 2019-03-31 | ฿247.95 | ฿286.00 | x |
| 2020-03-31 | ฿289.60 | ฿286.00 | x |
| 2021-03-31 | ฿423.78 | ฿286.00 | x |
| 2022-03-31 | ฿404.64 | ฿286.00 | x |
| 2023-03-31 | ฿398.94 | ฿286.00 | x |
| 2024-03-31 | ฿473.14 | ฿286.00 | x |
| 2025-03-31 | ฿484.27 | ฿286.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kang Yong Electric Public Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.55%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.17x
- Recent ROE (7.33%) is below the historical average (11.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 11.06% | 5.10% | 1.27x | 1.70x | ฿19.50 Million |
| 2004 | 3.74% | 1.59% | 1.31x | 1.79x | ฿-115.46 Million |
| 2005 | 13.97% | 4.80% | 1.78x | 1.63x | ฿83.12 Million |
| 2006 | 9.63% | 3.14% | 1.83x | 1.68x | ฿-8.13 Million |
| 2007 | 1.16% | 0.32% | 2.19x | 1.67x | ฿-185.74 Million |
| 2008 | 3.21% | 0.96% | 2.04x | 1.63x | ฿-146.18 Million |
| 2009 | 16.78% | 6.28% | 1.85x | 1.45x | ฿172.29 Million |
| 2010 | 28.58% | 12.95% | 1.52x | 1.45x | ฿607.44 Million |
| 2011 | 18.15% | 7.58% | 1.62x | 1.48x | ฿281.14 Million |
| 2012 | 18.77% | 7.41% | 1.62x | 1.57x | ฿325.13 Million |
| 2013 | 20.38% | 9.00% | 1.54x | 1.47x | ฿437.99 Million |
| 2014 | 11.54% | 5.70% | 1.45x | 1.40x | ฿67.58 Million |
| 2015 | 18.37% | 10.68% | 1.26x | 1.36x | ฿422.28 Million |
| 2016 | 15.53% | 9.56% | 1.19x | 1.36x | ฿299.76 Million |
| 2017 | 21.09% | 14.75% | 1.09x | 1.31x | ฿702.54 Million |
| 2018 | 11.28% | 8.33% | 1.06x | 1.28x | ฿81.73 Million |
| 2019 | 3.45% | 2.26% | 1.15x | 1.33x | ฿-341.59 Million |
| 2020 | 10.83% | 8.07% | 1.04x | 1.29x | ฿47.87 Million |
| 2021 | 11.90% | 12.05% | 0.79x | 1.26x | ฿159.20 Million |
| 2022 | 4.21% | 4.27% | 0.77x | 1.28x | ฿-464.12 Million |
| 2023 | 2.02% | 1.90% | 0.87x | 1.22x | ฿-630.33 Million |
| 2024 | 7.87% | 10.42% | 0.64x | 1.19x | ฿-199.20 Million |
| 2025 | 7.33% | 11.55% | 0.54x | 1.17x | ฿-256.35 Million |
Industry Comparison
This section compares Kang Yong Electric Public Company Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $1,327,487,089
- Average return on equity (ROE) among peers: 14.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kang Yong Electric Public Company Limited (KYE) | ฿10.11 Billion | 11.06% | 0.18x | $44.05 Million |
| Chic Republic PCL (CHIC) | $606.70 Million | 5.63% | 2.08x | $2.31 Million |
| East Coast Furnitech Public Company Limited (ECF) | $1.45 Billion | 2.33% | 1.35x | $679.02K |
| EURO CREATIONS PUBLIC COMPANY LIMITED (EURO) | $220.97 Million | 48.04% | 4.63x | $9.44 Million |
| Fancy Wood Industries Public Company Limited (FANCY) | $1.52 Billion | 16.74% | 0.09x | $2.87 Million |
| Home Pottery Public Company Limited (HPT) | $318.50 Million | 7.42% | 0.18x | $4.01 Million |
| Index Living Mall Public Company Limited (ILM) | $4.65 Billion | 10.63% | 1.65x | $37.42 Million |
| Itthirit Nice Corp. PCL (ITTHI) | $346.24 Million | 6.70% | 0.45x | $3.13 Million |
| Masterkool International Public Company Limited (KOOL) | $389.26 Million | 22.35% | 0.46x | $11.64 Million |
| Modernform Group Public Company Limited (MODERN) | $2.45 Billion | 7.07% | 0.50x | $22.15 Million |